The failed construction giant’s 100 Embankment scheme was awarded to Bam at the end of last month.

The nine-storey 100 Embankment scheme in the city’s Cathedral District is due to be finished by early 2020 and will be built next door to 101 Embankment, completed by Carillion at the beginning of last year

Manchester-based developer Ask Real Estate, which is carrying out the work with joint venture partner the Richardson Family, is understood to have begun scouting out alternative contractors when Carillion first alerted the industry to the severity of its problems with its £845m writedown announcement last summer.